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Downtrend Broken Resist.Archive - 2/20/2026 - Sign In to see current Signals. |
Fortive Corp (FTV) Technical Analysis
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| Summary:
| | Weekly :  | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Fortive Corp (FTV). During the week, the FTV gained 1.38 points, or 2.43%, and closed at 58.28 on Friday, February 20, 2026. Weekly volume was -6% below average. FTV is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See FTV long-term trend chart] A long-term downtrend had started on March 22, 2024 at 87.10 and reached 46.34 on August 11, 2025. FTV lost 40.76 points, or 46.80%, in 72 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 35.97 and resistance is at 79.16. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See FTV medium-term trend chart] A medium-term downtrend had started on February 20, 2025 at 83.32 and reached 46.34 on August 11, 2025. FTV lost 36.98 points, or 44.38%, in 24 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (25.45) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See FTV weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since September 26, 2025. Use the following link to access a MACD help.
Short-term trend: [See FTV short-term trend chart] A short-term downtrend had started on February 11, 2026 at 62.42 and reached 54.97 on February 12, 2026. FTV lost 7.45 points, or 11.94%, in 1 days. The price is now at the 44.43% retracement level.
Daily Technical Indicators: [See FTV daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
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